Dollarama (TSE:DOL – Get Free Report) had its target price dropped by stock analysts at Scotiabank from C$220.00 to C$200.00 in a report released on Wednesday,BayStreet.CA reports. Scotiabank’s price target suggests a potential upside of 18.46% from the company’s previous close.
A number of other research firms have also weighed in on DOL. National Bank Financial reduced their price target on shares of Dollarama from C$225.00 to C$198.00 and set an “outperform” rating on the stock in a research report on Wednesday. Canadian Imperial Bank of Commerce upgraded shares of Dollarama from a “hold” rating to an “outperform” rating and decreased their target price for the company from C$212.00 to C$202.00 in a research report on Wednesday. Desjardins lowered their price target on shares of Dollarama from C$218.00 to C$205.00 and set a “buy” rating for the company in a report on Wednesday. Canaccord Genuity Group dropped their price target on Dollarama from C$207.00 to C$187.00 in a research report on Wednesday. Finally, Wells Fargo & Company reduced their price objective on Dollarama from C$195.00 to C$185.00 in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$202.92.
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Dollarama Trading Down 1.8%
Dollarama (TSE:DOL – Get Free Report) last announced its quarterly earnings results on Tuesday, March 24th. The company reported C$1.43 EPS for the quarter. Dollarama had a return on equity of 94.71% and a net margin of 18.05%.The company had revenue of C$2.10 billion during the quarter. Equities research analysts predict that Dollarama will post 5.3295203 EPS for the current fiscal year.
More Dollarama News
Here are the key news stories impacting Dollarama this week:
- Positive Sentiment: Management raised the quarterly dividend by 13%, a direct cash return to shareholders that supports yield-focused investors and signals capital allocation discipline. Canadian Retailer Dollarama Increases Dividend 13%
- Positive Sentiment: CIBC upgraded Dollarama from “hold” to “outperform” (C$202 PT), indicating at least one major house sees upside despite recent weakness. Analyst Ratings Roundup
- Neutral Sentiment: Some analysts and columnists argue the post‑earnings 10% drop is an overreaction and present a “buy‑the‑dip” case — useful context for contrarian investors but not new company fundamentals. Market Overreacts? Dollarama’s 10% Post-Earnings Drop Looks Like a Golden Entry Point
- Neutral Sentiment: Commentary asks whether bigger shareholder payouts reflect capital discipline or fewer organic growth avenues — a mixed signal that could matter to longer‑term strategy investors. Do Bigger Payouts Hint At Capital Discipline Or Fewer Growth Avenues Ahead?
- Negative Sentiment: Management flagged annual sales guidance largely below Street estimates and said price increases will be passed on only “where absolutely necessary,” raising near‑term top‑line and margin concerns. Dollarama to only pass on price increases from war where ‘absolutely necessary’: CEO
- Negative Sentiment: Multiple major banks cut price targets across the board (Scotiabank, BMO, Wells Fargo, UBS, TD, RBC, etc.), reflecting lower growth expectations and helping drive selling pressure. Analyst Ratings Roundup
- Negative Sentiment: Coverage pieces note this was Dollarama’s worst trading day since 2018 and the stock’s sharp post‑earnings slide — market momentum and reduced investor confidence are amplifying volatility. Dollarama stock just saw its worst day since 2018 — Why Bay Street isn’t flinching
- Neutral Sentiment: Detailed Q4 writeups suggest the quarter was soft but that core profitability (recent EPS C$1.43; strong ROE and margins) still supports a premium multiple; investors must decide if the pullback is a buying opportunity or a sign of structural slowing. Dollarama: Look Through A Soft Q4
Dollarama Company Profile
Dollarama Inc is a Canada-based company principally engaged in operating discount retail stores. The company provides a broad range of everyday consumer products, general merchandise, and seasonal items, with merchandise at low fixed price points. General merchandise and consumer products jointly account for the majority of the company’s product offerings. The company’s stores are throughout Canada, generally located in convenient locations, such as metropolitan areas, midsize cities, and small towns.
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